Purchase
Finance
Procure raw materials at the right price
Vendor Finance
Strengthen your supply chains with our anchor led vendor finance solution
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Vendor Finance Benefits
For Buyers
Benefits
High scalability
Complete big orders with multiple vendors flexibly and scale your business
Digital and Hassle-free
Complete the entire process from sanction to disbursal online.
Cheaper than supplier credit
Get raw materials at the best rates by making an upfront payment
For Suppliers
Benefits
Improved working capital cycles
Manage your working capital better and expand faster
Unsecured credit line
The unsecured vendor finance is given without putting land or property as collateral.
Instant Disbursement
Receive funds within 24-48 hours of vendor loan sanction
Eligibility & Required Documents
Apply with minimal documentation
Eligibility
Minimum turnover ₹3 crores
Business vintage 3+ years
Required Documents
KYC details
Last 6 months
Financials for previous 2 fiscal years
GSTR details for current fiscal year
Our Terms
Interest Rates
Starts from 12% per annum
Processing Fees
Starts from 1% per annum
Penal Interest
Starts from 2% per month + Applicable Tax
EMI & Check Bounce Charges
500 + Applicable Tax
1
Check Eligibility
Check your loan eligibility
2
Submit Application
Complete a 100% online application form
3
Get Sanctioned
We will evaluate your application and propose a fair sanction
4
Receive Funds
Get disbursements within 2 days of sanction
Why Oxyzo?
Oxyzo provides new-age customized financing
products for your business needs
Unsecured working capital
Competitive interest rates
Easy Repayment tenure
No foreclosure charges
No part-payment charges
No minimum utilization charges
No new bank account required
Savings up to 3% on raw material purchases
100% digitized and simplified process
Approval within 48 hours
One-time processing fee
Flexible Repayments
Know about Vendor Financing
Vendors(suppliers) provide goods or services to the anchor(buyer) in accordance with the payment terms and the anchor subsequently pays
the vendor for his services at the end of the credit period. However, the vendor would not want to wait for the longer credit period, as
he requires funds to pay for the raw materials, services, or labor. In such cases, Oxyzo shall assist the vendor in unlocking the
necessary working capital and pays the vendor its dues against receivables from the anchor early, on the basis of invoices that have
been confirmed by the individual anchors, allowing them to improve vendor cash cycle and accelerate growth.
Oxyzo, the SME centric RBI registered NBFC, offers its clients smart business financing solutions, such as vendor financing at
low-interest rates. It is completely digitized and hassle-free process with no hidden charges.
Frequently Asked Questions
What are the documents required for vendor finance ?
SMEs can apply for vendor finance with the following documents :
- KYC
- Last 6 months of banking
- GSTR details for the current financial year
- Financial statements for the previous 3 financial years
- Property document
Does Oxyzo provide collateral-free vendor finance ?
Yes
How is eligibility calculated for vendor finance ?
The eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of at least 3 years to apply online
What are the benefits of vendor financing for an anchor ?
In vendor financing or payables financing, the anchor gets the benefit of an off-balance-sheet facility, can negotiate the best procurement prices, and there is high scalability due to standard documentation which enables the anchor to onboard any number of vendors through a hassle-free process.
